The maxis have lost the war on transaction fees.
What's the next statistic to fall in the flippening?
ETH about to flip BTC
Adrian Green
Jordan Lewis
LTC outside the top 20.
Noah Turner
eth gas fees should be considered here too
Jeremiah Price
This. LTC is simply a redundancy at this point. I suspect other forks to drop out as well. I mean i guess BCH still has a slim chance after the new fork but it's just shitshow after shitshow with that coin.
Elijah Williams
This and xrp out of the top ten.
Matthew Martin
eth, like bitcoin, cannot scale and will suffer the same fate. all of these communist ideas will fail, as always.
Henry Parker
I made this post as a troll, but you guys actually think it's a good thing.
Jeremiah Collins
BCH, LTC, BSV and XRP are all destined to drop out at some point in the near future. They’re redundant and eventually people are going to be so disillusioned with XRP they’ll abandon it.
Cameron Baker
Eth already flipped BTC. Few people know this but the supply of Eth is much higher.
Nathaniel Richardson
kek
Josiah Adams
Cope more OP
Aaron Gutierrez
Fakenews.
Jason Clark
What else would you call the average transaction fee you turnip
Luis Bennett
Let me run an ethereum node and check for myself.
Oh wait, I can't.
They changed the name of full nodes to "archival nodes"
There's probably less than 10 fully validating ethereum nodes because they're so spaghetti and expensive to operate.
Owen Russell
I'll build defi on bitcoin
Oh wait thats impossible.
Robert Reyes
Why would anyone build something like that on a limited throughput network?
Create a fee market to execute time sensitive trades lol
Robert Gonzalez
No one would, because bitcoin is vastly inferior and if it didn't catch the meme waves and have its main utility turned into a 'store of value' it'd be dead today.
Juan Moore
You missed what I said.
Building it on bitcoin would fail immediately because they don't want that shit.
Building it on ETH we're seeing why bitcoin didn't want it.
They blew their load for a quick payday (just like ICO, cryptokitties, now defi).
Now the chain is clogged and regular users are unable to validate it.
Why would you open a defi position if closing it requires space on the blockchain?
This flat out doesn't scale and puts people in positions they didn't intend to be put in like being priced out of changing positions or paying an exorbitant fee.
Grayson Carter
Bitcoin maxis are just embarrassing at this point.
Jonathan King
Yeah building it on bitcoin would fail as the blockchain is vastly inferior.
Adam Wright
You missed the point again fucking idiot.
Kayden Gutierrez
Tell me user, how does Bitcoin determine definitive truth?
Michael Evans
You fucking dumb fags are so pathetic. You weren't early enough to make mkney off ETH. Sorry. Should've been faster but instead you were twiddling your fucking thumbs on reddit like the dumb faggot retard that you are. Doesn't mean you have to spread FUD to cope with the fact that you're a dumb fucking retard. Even now instead of looking for new projects to invest in you spread your time doing and producing nothing to improve your current position. It reeks of desperation and you should kill yourself if you get the opportunity.
T. 1286 ETH at $10.63 in January 2017. Stay poor loser
Dominic King
I know you want to try and get around how limiting and useless bitcoin is by going "WELL WE DIDN'T EVEN WANT DEFI IN THE FIRST PLACE!!!" but it just comes across as pathetic and as though you're in unrequited love with a product.
Hudson Peterson
Because nodes in the network communicate with each other following a hardened rule set.
Validating the bitcoin network will always be available to the common man.
Jacob Gutierrez
Seems pretty limited to me. Not bad but not 1 quadrillion worth, you know?
Matthew Lee
Just as Mellon foretold. $2K eoy. Christ is king.
Adrian Jones
I use LTC to transfer funds between cold storage and exchanges. With 2.5 min blocktimes and extremely small fees it works well for this.
If i tried the same thing with ETH or BTC I would get raped in fees.
Also withdrawal fees for LTC on exchanges are usually very low. BTC is usually much higher.
Ayden Morris
You missed the technical argument of it doesn't scale so it's retarded.
Ethereum is going towards full blown centralization as you idiots cheer about making a buck.
I'm a millionaire from bitcoin, and I look at the ethics involved.
Jayden Clark
Everyone is a millionaire on this board that brag wont help you.
You arguing on behalf of bitcoin by saying etherum cant scale, this wouldnt be completely retarded if there was only one competitor to bitcoin but there are not. If Sharding on ETH2.0 cant get the job done then pokadot will or cosmos will or wanchain will or antchain will etc.
There are loads of bitcoinc ompetitors, all vastly superior in fundamentals from scalability to utility to even being a store of value.
There is no reason to be bullish on bitcoin above and beyond 'its a meme that everyone has heard so they are more trusting of it than the rest of the cryptocurrencies"
Luke Clark
>only a millionaire
Also ETH is less centralized than BTC.
Andrew Ross
>WTF BRO THAT'S NOT ETHICAL WHAT ARE YOU DOING
Cameron Mitchell
Ah I thought you were bragging about 1k eth it was the same color id
>if Sharding on ETH2.0 cant get the job done then pokadot will or cosmos will or wanchain will or antchain will etc.
What are the implications of these ideas on the game theory and consensus inside the network.
ETH has terrible governance polices like iceage for christ sake.
There is no bitcoin competitor that can maintain its level of decentralization and balance of governance.
Oliver Jenkins
Its about maintaining the free market.
Overtime unethical markets don't get as much prosperity.
Jeremiah Richardson
"Your chain is too centralised, unlike mine that is so unusable its fully decentralised"
"But the real value from blockchains comes from the protocols we can build on top of them that allow decentralised trustless exchanges"
Bitcoin offers nothing to people other than a store of value and an onramp for normies into crypto. It has no utility, it has no fundamental value.
Austin White
>It has no utility, it has no fundamental value.
What's the utility of an unsustainable system?
Is there utility in a ponzi scheme?
Oliver Roberts
Bitcoin is unsustainable.
James Collins
>Also ETH is less centralized than BTC.
Samuel Clark
Lol, I wonder what bullshit is going to creep into iceage forks in the future.
Carter Cooper
Jordan Taylor
>
Logan Perez
If you're asking what the utility of the Etherum, Polkadot, Cosmos, Wan, Ant etc, is then I would have to move to calling you mindless.
You believe there to be no value in undercollateralised loans? How about a direct market place where fungible tokens can be exchanged ? What about the many privacy coins that are popping up allowing people to hide the value of their wealth extremely effectively ?
What about the value of anonymous betting on literally any topic? What about the value in holding a governance token of a coin that buys high yield indexes with its transaction fees?
How about being able to store thousands in non-fiat then earn interest rates more than 10x higher than any traditional financial institution would let you?
How about getting paid in a stable coin accepted by your country then sending remittance to your family in a stable coin their country accepts? ( Already happening in the East)
How about the decentralised casions popping up ?
How about the speculation markets ?
Cloud computing networks, Supply chain companies, fiat onramps in chat apps
The fundamental value of non-bitcoin blockchains is exponential. The fundamental value of bitcoin is nonexistant.
Dominic Foster
Is this all going to be on ETH?
If so, then it's all a fucking waste of time.
Reference their centralization and governance.
Lincoln Russell
>checks their centralization and governance
>turns out it's fine
ok
Adam Reyes
Going to be ? All has been for months.
Its also all going to work on Polkadot and Cosmos because of interoprability protocols like darwinia.
There is no reason to support bitcoin for its fundamentals and you embarras yourself by defending bitcoin by attacking less than 10% of its competitors.